MANIFEST DESTINY 1806 1855
MANIFEST DESTINY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Economic booms that promised wealth.
|
|
Promise for more food.
|
|
Persecution in their home country.
|
|
None of the above
|
Detailed explanation-1: -Causes of China’s Economic Growth Economists generally attribute much of China’s rapid economic growth to two main factors: large-scale capital investment (financed by large domestic savings and foreign investment) and rapid productivity growth. These two factors appear to have gone together hand in hand.
Detailed explanation-2: -The International Dimensions of China’s Economic Boom For more than 25 years China has posted an annual average GDP growth of around 10%, more than double that of low-and middle-income countries, and well over three times the figure posted by high-income nations.
Detailed explanation-3: -Since China began to open up and reform its economy in 1978, GDP growth has averaged over 9 percent a year, and more than 800 million people have lifted themselves out of poverty. There have also been significant improvements in access to health, education, and other services over the same period.